Multi-Family Residence | 28 Units | 17,455 SF | Built in 1973
Purchase Property — Gardena, CA
Purchase Price: $5,200,000 ($299/SF)
At RTI Bridge Loans, we specialize in turning complex real estate transactions into success stories. Our borrower, an experienced investor, sought a $2,280,000 second trust deed to facilitate the purchase of a 28-unit multi-family property in Gardena, CA as part of a 1031 reverse exchange. Our strategic funding allowed the borrower to secure the up-leg property while planning the sale of down-leg assets to repay our loan.